2803 (港元) | 9803 (美元)
3173 (港元) | 9173 (美元)
3181 (港元) | 9181 (美元)
2810 (港元) | 9810 (美元)
2804 (港元) | 9804 (美元)
3077 (港元) | 9077 (美元)
Yield curve steepening – which has been accelerating in recent weeks as the market contemplates a whopper of a stimulus package under a possible Biden White House – is likely to continue regardless of the winner on November 3.
Oct 14, 2020
The Chinese economy continues to normalize across the board at an impressive rate, leading to the strong likelihood of it beating the current Bloomberg consensus GDP estimate growth rate of around 2% for 2020.
Oct 6, 2020
China economy recovered faster than the rest of the world from the pandemic as shown by various economic indicators ranging from official PMI, GDP number, steel output, excavator sales, to traffic data. China’s solid macro recovery stands out from the rest of the major economies which either remain in a lock-down mode or simply begin to resume economic activities. That explains Chinese listed companies outperformed in terms of earnings and stock price performance.
Sep 10, 2020
An overdue technical rebound in the US Dollar – which started a week ago – may give investors an opportunity to diversify their currency holdings away from the Greenback. What is emerging could well turn out to be a counter-trend rally in a bigger, multi-year Dollar decline.
Sep 9, 2020
Growth stocks such as ATMXJ (Alibaba, Tencent, Meituan, Xiaomi, and JD) in China and FAANG (Facebook, Amazon, Apple, Netflix, and Google) in the US have been consistently outperforming other stocks year-to-date. Since almost all investors were chasing after them albeit their strategies, from growth to momentum, any risks happening to them no matter political or financial could trigger a squeeze sell. Investors, therefore, should consider to diversity their portfolio if they are holding only a handful of ATMXJ and FAANG stocks. To keep the growth exposure while diversifying the concentration risks could be difficult, but CSI Caixin Rayliant New Economic Engine Index seems to be a good candidate as it had low correlations of 0.58 and 0.24 with the equal-weighted portfolios of ATMXJ and FAANG, respectively. Investors, who would like to diversify their portfolio, may have a look at our Premia CSI Caixin China New Economy ETF.